States grant owners of equity securities certain rights and protections as set forth in corporate, partnership and limited liability company statutes. The primary protections for equity holders are the fiduciary duties imposed on the officers and directors of corporations. The fiduciary duties are broadly categorized as the duty of care and the duty of loyalty. The duty of care states that officers and directors must conduct the affairs of the corporation with the prudence and care that an ordinary person would take in managing his own affairs. The duty of loyalty states that officers and directors must not take actions that benefit themselves over the company.
Owners of debt securities, on the other hand, generally are not protected by corporate, partnership and limited liability statutes and are not owed fiduciary duties and are protected only by the provisions of contract law.
In addition to state corporate laws, the issuance of debt and equity securities is regulated by the Securities Exchange Commission.
- Essay:Invest in tangibles - Economic preparedness
- Inflation versus Interest rates / Rate of return
- American economic history
- National debt: Debt Ceiling-Deficit spending and the Federal Reserve System's Ponzi scheme of Quantitative easing-Debt monetization devaluation of Fiat currency through Money supply-Treasury bills bought mostly by China and Japan
- Big Government: Liberal ObamaCare-Common Core-Social Security Welfare state leads to Nanny state, leads to Gun control, Militarization of police, Asset forfeiture and Domestic mass surveillance of law-abiding citizens via the Police state: Globalist-United Nations-Statist-Socialist-National Socialist-Communist
- Ludwig von Mises' conservative libertarian Austrian economics and Fiscal conservatism -Capitalist Conservative economic policies of Ron Paul
- Limited government implies: Conservative values/Traditional values - Modern conservatism - Modern preparedness are the original American Patriot Founding Fathers' values
- Modern preparedness: "if times get tough, or even if then don't", Debt is financial cancer, Tax is theft, Renewable energy, Financial security, You are in control of your life